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Mangal Electrical Industries Ltd.

MEIL.NS Technical Analysis Summary (NSE)

Analyze MEIL.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MEIL.NS●NSE
IndustrialsElectrical Equipment & Parts
₹295.45
₹5.50(1.83%)
Indian Market opens in 5h 25m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEIL.NS Technical Analysis Summary (NSE)

Mangal Electrical Industries Ltd. (NSE: MEIL.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.00)
Trend Strength:Moderate (ADX: 20.52)
Volatility:Medium (ATR: 12.48)
Support/Resistance:$287.02 – $310.08 (Bollinger Bands)

Technical conditions suggest Mangal Electrical Industries Ltd. on the NSE is awaiting a decisive move. This mix signals that Mangal Electrical Industries Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.00

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -56.32

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.81

Neutral
Price change is minimal.

Takeaway:Mangal Electrical Industries Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -4.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.52

Moderate
Moderate trend, direction gaining strength.

ATR (14): 12.48

Rising
Rising volatility, market activity increasing.

CCI (14): -4.21

Neutral
Neutral, no strong directional signal.

Takeaway:Mangal Electrical Industries Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$310.08
Middle Band (SMA 20)
$298.55
Lower Band
$287.02
Current Position
Within Bands

Takeaway:Mangal Electrical Industries Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$323.39
Middle Line (EMA 20)
$298.43
Lower Channel
$273.47
Squeeze Status
Squeeze On

Takeaway:Mangal Electrical Industries Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume479.86K
Money Flow Index60.14Bullish, inflows support continued momentum.
Relative Vigor Index35.58Bearish, price momentum favors sellers.

Overall Takeaway:MEIL.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mangal Electrical Industries Ltd. (NSE: MEIL.NS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mangal Electrical Industries Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NSE: MEIL.NS) Technical Analysis FAQ